Lithium Stocks Slump as Chinese Mine Set to Restart Early

Lithium Stocks Slump as CATL Mine Prepares for Early Restart

Lithium producers have slumped after news that Chinese battery giant Contemporary Amperex Technology Co. Ltd. is preparing to reopen an idled mine sooner than expec…

Lithium stocks dumped as China giant restarts mine

Pilbara Minerals and Liontown Resources have dived 5 per cent on news that Chinese battery giant CATL will restart production at its Jianxiawo mine.

Lithium Stocks Slump as Chinese Mine Set to Restart Early

Lithium producers slumped on news that a Chinese mine idled last month may restart sooner than expected, threatening fresh pressure on prices for the battery material.

What's leading the laggards? CATL's Jianxiawo mine restart tanks the last good lithium stocks & more

If you’re wondering why your lithium-heavy portfolio is tanking on Wednesday, it’s because the heat-of-the-moment spur that put lithium companies back on the map last August has now dwindled out into nothing. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. That occurred when Chinese lithium goliath CATL shut down production at its Jianxiawo …

Chinese Lithium Mine Set for Early Restart

A Chinese lithium mine, Jianxiawo, which halted production last month, is preparing to restart operations sooner than initially expected. Executives at Contemporary Amperex Technology Co. Ltd. (CATL) reportedly instructed employees to prepare for the resumption at the Yichun site and recall front-line workers, according to a source with direct knowledge of the matter. CATL did not immediately respond to a request for comment. Contemporary Ampere…

Lunch Wrap: NAB culls 400, lithium stocks smoked as China flicks the switch

ASX clings to green as banks swing the axe Lithium smashed after China flicks the switch Iluka tanks on mineral sands slump   By Wednesday lunchtime in the east, the ASX was just about keeping its nose above water, up by around 0.2%. Overnight, Wall Street served up another session of record highs, where the Dow, S&P 500 and Nasdaq all climbed. On the ASX, the banks were where the action is this morning. National Australia Bank (ASX:NAB) jumped …